Iowa Electricity Rates & Average Electricity Bills

Electricity Rates in Iowa

Electricity Rates, Plans & Statistics

Can You Save With Wind?

You’ve heard of solar, but did you know that you can power your home and business with wind?

Electricity Companies & Statistics in Iowa

  • Population
    see rank
    3,200,517
  • Total Production
    see rank
    69,675,878 MWh / 21.77 MWh per capita
  • Total Consumption
    see rank
    54,655,227 MWh / 17.08 MWh per capita
  • Total Production from Renewable
    see rank
    43,688,204 MWh / 13.65 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    15,564,671,323 kg / 4,863.17 kg per capita
  • Total Production from Non-Renewable
    see rank
    25,987,685 MWh / 8.12 MWh per capita
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Average Residential Electricity Bills & Rates in Iowa

Iowa residential electric rates are highest in July and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.105/kWh$169.06/mo.$80.34/mo.
17th13.45¢Average residential price per kWh in the state of Iowa
14th$113.35Average residential monthly electricity bill for Iowa Residents

Iowa Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2023 and 2022 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.
AnnualAnnual data for 2022 will be finalized in the fall of 2023. Until that time, some data may be incomplete. Data for 2023 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Iowa's Electricity Prices and Usage

Residents in Iowa enjoy a lower residential electricity rate than many people around the US, with an average state electric rate of 13.45 cents per kilowatt hour compared to the US average price of 16.12 cents. There are over 180 electric providers that call the state home, but due to the electricity market regulations in place residents most likely have only one or two electricity company choices determined by their location. The power grid in the state is faced with an average of 0.95 outages per consumer a year, with outages lasting about 88.79 minutes. The United States average for these two data points are 1.27 outages and 137.24 minutes. All in all, customers living within state use 54,655,227.32 megawatt hours for statewide electricity needs. The average monthly residential electricity bill for a customer in Iowa is $113.35 per month, while the national average is $138.02. MidAmerican Energy sells 27,604,407.8 megawatt hours in the state per year, more than any other electricity provider.

Residential Electricity Providers in Iowa

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
MidAmerican EnergyBUNDLED11.1588.615,983,466.4666,989,92937,468,665.54
Alliant EnergyBUNDLED18.16130.453,566,063.42647,766,77013,232,097.54
Linn County RECBUNDLED13.11111.65262,263.2734,391,705.84
Eastern Iowa Light & PowerBUNDLED13.77154.13251,557.5834,639,196.83
North West Rural Electric CooperativeBUNDLED8.79197.3223,014.0619,598,810.78
Midland Power CoopBUNDLED12.97188.38181,962.6223,603,196.12
Iowa Lakes Electric CooperativeBUNDLED12.58188.51154,118.6219,392,582.6283,410
Ames UtilitiesBUNDLED12.0868.3150,919.0218,231,291.96322,118
Cedar Falls Electric UtilityBUNDLED12.0494.82148,233.6217,851,158.17188,333.22
Maquoketa Valley ElectricBUNDLED12.90136.48122,671.8415,819,049.96
177 providers total

Commercial Electricity Providers in Iowa

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
MidAmerican EnergyBUNDLED8.65342.844,936,355.31426,881,32437,468,665.54
Alliant EnergyBUNDLED13.33517.393,994,646.96532,362,01213,232,097.54
North West Rural Electric CooperativeBUNDLED6.612,486.5368,780.9924,390,087.89
Ames UtilitiesBUNDLED8.68771.77296,010.6225,683,094.28322,118
Cedar Falls Electric UtilityBUNDLED8.89889.91239,002.6221,242,247.78188,333.22
Maquoketa Valley ElectricBUNDLED10.75233.58141,493.5715,217,547.92
Muscatine Water,Electric and CommunicationsBUNDLED8.97674.27127,771.6211,465,321.79426,783
Iowa Lakes Electric CooperativeBUNDLED11.17352.31117,431.1913,114,160.9983,410
Spencer Municipal UtilitiesBUNDLED7.94524.5377,834.336,181,099.841,711.37
Raccoon Valley ElectricBUNDLED9.341,396.1975,786.697,078,692.29
174 providers total

Power Plants in Iowa

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Walter Scott Jr Energy CenterAlta Municipal Utilities (0.06%)New Hampton Electric (0.24%)Spencer Municipal Utilities (0.49%)Sumner, Iowa Electric Utility (0.06%)West Bend Electric (0.06%)Eldridge Electric (0.23%)MidAmerican Energy (70.66%)Montezuma, Indiana Electric Utility (0.18%)Waverly Utilities (0.17%)Central Iowa Power Cooperative (10.65%)Corn Belt Power Cooperative (4.58%)Municipal Energy Agency of Nebraska (3.00%)Lincoln Electric System (5.49%)Atlantic Municipal Utilities (1.42%)Cedar Falls Electric Utility (2.68%)
Council Bluffs Coal 5,689,253.015,601,546,117.03984.58
Marshalltown Generating StationAlliant Energy (100.00%)
Marshalltown Natural Gas 3,374,5041,177,661,553.18348.99
LouisaAlliant Energy (4.00%)Geneseo Municipal Utilities (0.50%)Tipton Utilities (0.50%)Harlan Municipal Utilities (0.80%)Eldridge Electric (0.50%)MidAmerican Energy (88.00%)Waverly Utilities (1.10%)Central Iowa Power Cooperative (4.60%)
Louisa County Coal 3,283,8203,367,523,117.821,025.49
Emery StationAlliant Energy (100.00%)
Cerro Gordo County Natural Gas 2,767,4371,153,558,199.22416.83
OttumwaAlliant Energy (48.00%)MidAmerican Energy (52.00%)
Wapello County Coal 2,546,883.012,808,096,502.691,102.56
Orient Wind FarmMidAmerican Energy (100.00%)
Orient Wind 1,712,210
Highland Wind Project (IA)MidAmerican Energy (100.00%)
O'Brien County Wind 1,642,311
Rolling Hills Wind FarmMidAmerican Energy (100.00%)
Cass County Wind 1,551,522
Palo Alto Wind FarmMidAmerican Energy (100.00%)
Palo Alto County Wind 1,440,468
Beaver Creek WindMidAmerican Energy (100.00%)
Boone County Wind 1,306,985
74 power plants total

Quick Facts

Iowa has seen a 0.23% rise in the state's population in the past year.

When measuring CO2 emissions per capita, Iowa experienced a 5.25% decline over the past 12 months.

Iowa emitted 15,564,671,322.51 kilograms of CO2 emissions from electricity production, which is the 33rd worst of any state in the United States.

The use of renewable fuels for electricity generation has fallen by 5.97% in the state of Iowa within the last 12 months.

During the last year, Iowa has seen a 21.06% increase in generation of electricity from solar sources, up from 449,548.66 megawatt hours each year to 544,239.53 megawatt hours each year.

Iowa produces 43,688,204.45 megawatt hours of electricity from renewable fuels. This ranks Iowa 4th in the US for total renewable electricity production.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Adair County7,4396314.63$170.78/mo
Adams County3,697313.89$134.19/mo
Allamakee County14,0683215.93$155.01/mo
Appanoose County12,310315.71$135.13/mo
Audubon County5,6576113.18$169.66/mo
Benton County25,654513.27$152.07/mo
Black Hawk County130,2744111.85$140.48/mo
Boone County26,7213114.61$170.20/mo
Bremer County24,863615.11$170.49/mo
Buchanan County20,5984112.60$155.89/mo
Buena Vista County20,723513.11$183.03/mo
Butler County14,421513.93$200.10/mo
Calhoun County9,962314.27$219.23/mo
Carroll County20,756614.57$220.61/mo
Cass County13,1587113.41$142.79/mo
Cedar County18,494514.99$144.94/mo
Cerro Gordo County43,1853216.88$151.48/mo
Cherokee County11,6064112.49$187.85/mo
Chickasaw County12,0218115.21$173.85/mo
Clarke County9,736214.87$146.15/mo
Clay County16,4104113.65$174.09/mo
Clayton County17,173616.11$150.39/mo
Clinton County46,5896114.71$148.80/mo
Crawford County16,555613.81$195.46/mo
Dallas County108,016314.04$139.34/mo
Davis County9,066316.21$164.76/mo
Decatur County7,718414.76$139.44/mo
Delaware County17,5085114.00$135.59/mo
Des Moines County39,0695115.11$142.94/mo
Dickinson County17,536513.69$176.54/mo
Dubuque County98,6773114.33$134.66/mo
Emmet County9,4334113.32$179.43/mo
Fayette County19,582315.76$149.58/mo
Floyd County15,672414.51$185.98/mo
Franklin County10,0564113.88$207.18/mo
Fremont County6,702213.41$110.72/mo
Greene County8,831513.79$182.56/mo
Grundy County12,3365112.86$201.15/mo
Guthrie County10,5995112.96$140.16/mo
Hamilton County15,07310113.86$158.60/mo
Hancock County10,8373214.20$166.15/mo
Hardin County16,9972114.30$173.52/mo
Harrison County14,589413.53$224.53/mo
Henry County20,488414.69$135.07/mo
Howard County9,4563116.16$157.81/mo
Humboldt County9,622412.98$187.67/mo
Ida County6,979118.79$197.30/mo
Iowa County16,5965214.25$136.19/mo
Jackson County19,4996113.72$134.58/mo
Jasper County37,686316.76$142.10/mo
Jefferson County15,846214.14$139.74/mo
Johnson County156,4204214.06$135.40/mo
Jones County20,680214.46$134.69/mo
Keokuk County10,050215.52$132.25/mo
Kossuth County14,8239414.02$166.21/mo
Lee County33,7248116.04$134.04/mo
Linn County229,0335315.14$120.71/mo
Louisa County10,8912214.75$148.84/mo
Lucas County8,650315.28$139.95/mo
Lyon County11,953510.79$256.10/mo
Madison County16,414714.84$168.15/mo
Mahaska County22,1322115.34$153.64/mo
Marion County33,3813114.02$154.91/mo
Marshall County40,1374215.83$150.47/mo
Mitchell County10,5263213.28$188.68/mo
Monona County8,732314.12$191.47/mo
Monroe County7,589213.99$129.38/mo
Montgomery County10,327313.34$133.96/mo
Muscatine County43,1455114.19$147.09/mo
O'Brien County14,139719.22$191.99/mo
Osceola County6,1686312.20$216.58/mo
Page County15,250313.79$127.65/mo
Palo Alto County8,9964113.07$181.25/mo
Plymouth County25,543518.81$196.11/mo
Pocahontas County7,0916113.40$180.30/mo
Polk County501,0897112.92$127.06/mo
Pottawattamie County93,1733114.36$201.09/mo
Poweshiek County18,6285216.52$131.82/mo
Ringgold County4,739414.11$135.76/mo
Sac County9,8297213.87$209.41/mo
Scott County173,9248114.49$133.98/mo
Shelby County11,750514.36$197.90/mo
Sioux County35,64758.81$194.31/mo
Story County99,6735315.62$149.30/mo
Tama County17,079713.97$162.67/mo
Taylor County5,9324114.78$145.50/mo
Union County12,1935115.31$144.89/mo
Van Buren County7,196715.55$153.16/mo
Wapello County35,3434116.82$144.42/mo
Warren County51,862514.24$143.42/mo
Washington County22,525416.89$137.35/mo
Wayne County6,504414.73$136.91/mo
Webster County37,1148113.54$179.33/mo
Winnebago County10,7434213.04$190.90/mo
Winneshiek County20,100216.33$155.67/mo
Woodbury County105,6715214.60$201.38/mo
Worth County7,450415.16$166.51/mo
Wright County12,9785113.21$193.65/mo

Power Plant Fuel Types, Emissions & Pollution Factors

In Iowa, Wind is 60.59% of the fuel utilized for electricity generation. Coal (22.25%) is also used for electricity generation, as well as Natural Gas (14.93%). Electricity use in the state results in the release of 15,564,671,322.51 kilograms of CO2 emissions per year, which is 33rd largest emissions amount in the country. Additionally, the state ranks 20th worst in the nation in pollution per capita, which could be argued to be the more important statistic. Iowa has the 7th most electricity generation plants of any state in the nation, with 74 total plants. This equates to the 5th most power plants per resident in the nation.

WIND
Wind
Wind
Wind
Wind
Wind
Wind
Wind
60.59%
COAL
Coal
Coal
Coal
22.25%
NATURAL GAS
Natural Gas
Natural Gas
14.93%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
1.03%
SOLAR
Solar
0.78%
OTHER
Other
0.41%

Iowa Net Metering

About 37.29% of the electric companies in Iowa offer net metering to their consumers. The state has decent net metering and feed in tariffs that make solar and other types of electricity generation more feasible.

Energy Loss

The average energy loss for providers in Iowa is 2.03%. This includes data from 21 providers, including MidAmerican Energy, Alliant Energy, and Linn County REC. The national average is 2.87%, resulting in Iowa having a rank of 8th best in the country for energy loss efficiency.

Solar Taxes And Rebates

States that want to support solar panel installs at private residences can do this by passing solar related tax and rebate incentives. With over $2000 or 20% in tax credits for solar purchases, Iowa has decent options for state solar tax credits. Offering no rebates for solar panel purchases, the state is currently dropping the ball for its citizens who want to install private solar panels. Iowa offers consumers a 100% tax exemption that lasts less than 10 years. There is currently a 100% sales tax exemption in place for the install of solar panels.

State Level Initiatives

Policies enforced at the state level affect whether customers who are looking for renewable energy sources can easily find alternatives. States that have Renewable Portfolio Standards (RPS) have requirements in place for electric suppliers who sell electricity in the state. These standards dictate that a percentage of electricity must be produced from green energy. Sadly, Iowa only has limited or discretionary standards program set up. In addition, there are currently no low income solar programs to assist low income families to install solar panels.

Learn about going solar in Iowa, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Iowa

How much does electricity cost in Iowa?

Anything below the Iowa average of 13.45 cents per kilowatt hour would be a good electricity rate. The rates in the state range from 6.04 cents to 24.68 cents per kilowatt hour, with Coggon, Iowa Electric Utility currently having the lowest rates.

Which electricity company is the largest provider in Iowa?

By total customer count, MidAmerican Energy is the largest electricity company in Iowa.

What is the average electric bill in Iowa?

In 2024, Iowa has an average electric bill of $113, and the nationwide average is $138.

Does Iowa have a deregulated electricity market?

No, Iowa has a regulated electricity market where consumers often have only a single supplier choice for their electricity needs.

Where does Iowa get its electricity?

The primary fuel type used for electricity production in Iowa is Wind, making up 60.59% of the fuel used in the state. Coal and Natural Gas also account for 22.25% and 14.93% respectively.

How many electric companies offer service in Iowa?

There are 177 electricity suppliers offering service in Iowa.

How many power plants are within Iowa?

There are 74 electricity plants located in Iowa.

What electricity companies are in Iowa?

What is the cheapest electricity company in Iowa?

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-06-28